iA Financial (TSE:IAG) PT Set at C$141.00 by Royal Bank of Canada

iA Financial (TSE:IAG) has been assigned a C$141.00 price target by research analysts at Royal Bank of Canada in a research note issued on Tuesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 11.52% from the company’s previous close.

Other analysts have also issued reports about the stock. TD Securities raised their price target on shares of iA Financial from C$146.00 to C$147.00 and gave the stock a “buy” rating in a research report on Tuesday, February 25th. Scotiabank downgraded iA Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 3rd. CIBC upped their target price on iA Financial from C$144.00 to C$149.00 and gave the company an “outperform” rating in a research note on Thursday, February 20th. BMO Capital Markets boosted their price target on shares of iA Financial from C$140.00 to C$150.00 and gave the company an “outperform” rating in a report on Thursday, February 20th. Finally, Desjardins increased their price target on shares of iA Financial from C$140.00 to C$145.00 and gave the stock a “hold” rating in a research report on Thursday, February 20th. Five analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, iA Financial presently has a consensus rating of “Moderate Buy” and a consensus target price of C$140.75.

iA Financial Trading Up 0.3 %

IAG traded up C$0.39 during midday trading on Tuesday, reaching C$126.44. The company’s stock had a trading volume of 43,117 shares, compared to its average volume of 277,243. iA Financial has a twelve month low of C$80.95 and a twelve month high of C$141.88. The stock has a market cap of C$11.86 billion, a P/E ratio of 12.05, a PEG ratio of 1.26 and a beta of 1.13. The company has a fifty day simple moving average of C$130.01 and a 200 day simple moving average of C$127.87.

Insider Buying and Selling

In other iA Financial news, Senior Officer Alain Bergeron sold 1,750 shares of the firm’s stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of C$136.24, for a total transaction of C$238,428.58. In the last quarter, insiders have sold 12,750 shares of company stock valued at $1,731,044. 0.09% of the stock is owned by company insiders.

About iA Financial

iA Financial Corporation Inc, provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services.